Required information Use the following information for the Quick Study below. (Static) [The following information...

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Required information Use the following information for the Quick Study below. (Static) [The following information applies to the questions displayed below] Alvarez Company for the current period shows a $20,000 favorable volume variance and a $60,400 unfavorable controllable variance. Standard overhead applied for the period is $225,000. QS 21-17 (Static) Components of overhead variance LO P4 a. What is the actual total overhead for the period? b. What is the total overhead variance and is it favorable or unfavorable

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